Intrinsic Value
Energy Recovery, Inc. (ERII)
$13.64
+0.60 (+4.60%)
Enterprise Value | 370.31 |
---|---|
Net Debt | -54.82 |
Equity Value | 425.13 |
Shares Outstanding | 57.74 |
Equity Value Per Share | 7.36 |
Because investors are more interested in the value of the company’s shares alone, we’ll deduct net debt from this value to arrive at a fair value of the company’s equity. Fair Value = Enterprise Value – Debt